The Limited Times

Now you can see non-English news...

SHKP Guo's family spends 9.4 billion yuan on equity in West Kowloon Station

2019-12-16T12:34:59.612Z


Earlier, SHKP invested 42.2 billion yuan in the commercial land king on the West Kowloon High Speed ​​Rail Station and invited long-term investors to participate in the development. The group announced that the first long-term investor of the project is an investment company owned by the Guo family and will invest in the project.


Financial news

Written by: Lin Leqian

2019-12-16 20:15

Last updated: 2019-12-16 20:28

Earlier, SHKP invested 42.2 billion yuan in the commercial land king on the West Kowloon High Speed ​​Rail Station and invited long-term investors to participate in the development. The group announced that the first long-term investor of the project is an investment company owned by the Guo family. It will invest 25% of the equity in the office portion of the project. The first investment will be about 9.394 billion yuan, which is equivalent to 25% of the bid price of the office portion. Retail part of the project.

Guo Binglian, Chairman and Managing Director of SHKP, said that the Group attaches great importance to the project and looks forward to adding value to the project development by introducing suitable long-term strategic investors. This time, the introduction of new investors reflects the investors' trust in the land and the Group. It also confirms the confidence of both sides in Hong Kong's prospects. SHKP is actively looking for other suitable investors, and is committed to making the land an international landmark integrated commercial project, contributing to the sustainable development of the Group, West Kowloon District and the entire Hong Kong in the future.

The chairman and managing director of SHKP Guo Binglian said that the group attaches great importance to the project, and the introduction of new investors this time reflects the investor's vote of trust in the land and the group, which also confirms the confidence of both sides in the prospects of Hong Kong. (Profile picture)

Synergy effect between Hebei High Speed ​​Rail Station Project and ICC

SHKP pointed out that the Group's ability to develop Class A commercial projects is well recognized by the market and has extensive experience in West Kowloon development. The International Trade Plaza (ICC) has been developed into Hong Kong's landmark commercial core in the past 10 years, and the West Kowloon High Speed ​​Rail Station The cover land is expected to have a synergistic effect with the ICC, and the ideal development plan for the cover land project is set to promote West Kowloon as an important commercial core in Hong Kong and the Greater Bay Area.

In addition, the land is the largest commercial land in Hong Kong in recent years. It is the only four-line interchange transportation hub in Hong Kong that is located on the high-speed rail station and is adjacent to the Airport Express Line, the MTR Tung Chung Line and the West Rail Line. District and many major cities in the Mainland, and the airport is connected to the world by airport. With the completion of land development projects in the future, it will be connected with ICC to integrate commercial, retail, cultural, entertainment and transportation hubs.

SHKP Guo Jihui: Hotel revenue drops more than 30% without plans to lay off workers

Sunworld Dynasty Hotel opens Binglian Guo: Feeling heavy as after the June 4th incident

SHKP Tin Shui Wai project `` Wetland Seasons Park '' will be offered as soon as next week

SHKP Guo Binglian High Speed ​​Rail West Kowloon Station

Source: hk1

All news articles on 2019-12-16

You may like

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.